ICE U.S. Coffee "C" Arabica

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ICE U.S. Coffee "C" Arabica futures is the world benchmark contract for Arabica coffee. The contract prices physical delivery of exchange-grade green beans from one of 19 countries of origin in a licensed warehouse in one of several ports in the U.S. and Europe, with stated premiums/discounts for ports and growths.

Uses

Dried Coffee "C" Arabica seeds "beans" are roasted, ground, and brewed to make coffee. The two most important species of coffee economically speaking are Coffea Arabica (Arabica coffee) - which accounts for over 70% of world production - and Coffea Canephora (Robusta coffee). Two other species which are grown on a much smaller scale are Coffea Liberica (Liberica coffee) and Coffea Dewevrei (Excelsa coffee).[1]

Data Quotes

ICE offers data quotes on a subscription basis.[2]


U.S. Coffee "C" Arabica futures
Exchange ICE
Settlement Physically delivered
Contract Size 37,500 pounds
Pricing Unit $18.75/contract
Tick Value 5/100 cent/lb., equivalent to $18.75 per contract.
Contract Months March, May, July, September, December
Last Trading Day One business day prior to last notice day
  Open Outcry Electronic
Trading Hours 08:30 to 12:30 Eastern time; closing period commences at 12:29 Eastern time New York: 4:15 AM - 1:30 PM
Ticker Symbol KC KC
Price Limits None None

References

  1. Botanical Aspects. International Coffee Organization.
  2. The most valuable commodity is information. ICE.